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Foreign Currency Overdraft

Contact the International Trade Solutions on
1300 656 251

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Whether you're importing or exporting, maintaining an onshore overdraft in most major currencies is particularly useful due to the uncertainty in the timing of your overseas trade transactions:

  • Come and go within 180-day credit period
  • Minimum $20,000 limit.

Key features – importers

  • Useful for financing smaller amounts over shorter terms
  • Handy if payment to the seller occurs when exchange rates are unfavourable.

Key features – exporters

  • Useful for financing smaller amounts over shorter terms
  • Handy if you require an account for receipt of funds from the buyer
  • Protection against unfavourable exchange rates.

     

     

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Credit facilities are subject to application and the bank's normal lending assessment criteria. Fees and charges may apply to the products and services listed. Full details of the terms and conditions for all the products and services which do not have a Product Disclosure Statement are available on application.

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